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Hsin Tao Power Corp News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Independent power firms found guilty of unlawful collusion

Taipei, June 14 (CNA) Taiwan's Supreme Administrative Court overruled previous rulings on Monday as it found nine local independent power producers (IPPs) to be guilty of engaging in concerted practices in a drawn-out fair trade case.

Independent power companies found to have colluded

Nine local independent power producers were found guilty of concerted practices by the Supreme Administrative Court on Monday as it overruled previous rulings in a drawn-out fair-trade case. The court sided with the Fair Trade Commission, saying in its verdict that the joint action of the power firms which account for 76 percent of state-owned Taiwan Power Co’s (Taipower, 台電) outsourced electricity had prohibited normal market competition, disrupting supply and demand. The nine firms, which have provided electricity to Taipower since 1995 to help ensure stable supply, were jointly fined NT$6.32 billion (US$212.74 million at the current exchange rate) by

NPA enhancing security after string of incidents

Airports, harbors and major utility depots are the focus of enhanced security measures following recent power outages and a fire at a power facility. The National Police Agency (NPA) has mandated that local law enforcement agencies enhance security and armed patrols at important infrastructure sites and transportation hubs, conducting checks on suspicious individuals and posting guards at entrances and exits, it said. These areas include airports, seaports, railway stations, reservoirs, oil and gas depots, power plants and substations, as well as other sites of national security importance, NPA Director-General Chen Ja-chin (陳家欽) said on Friday. The Aviation Police Bureau on Tuesday said it

Fire at Hsin Tao Power extinguished

A fire that broke out yesterday morning at Hsin Tao Power Corp (新桃電力) in Hsinchu County’s Guansi Township (關西) has been extinguished, the local fire department said. The fire did not cause any power supply problems or injuries, it added. The blaze was brought under control at about 11am, less than two hours after firefighters were dispatched to the scene, and by 11:48am the fire had been extinguished, it said. Losses from the fire were estimated at about NT$300 million (US$10.52 million), it said, adding that the cause of the blaze had not yet been determined and was still being investigated. At a

Hsinchu power plant fire put out; electricity supply unaffected

Taipei, March 14 (CNA) A fire that broke out Monday morning at Hsin Tao Power Corp. in Hsinchu County has been extinguished, and there were no resulting power supply problems or injuries, according to the local fire department.

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